Hub24
(ASX:HUB) is a wealth management platform business. We compete against most of the incumbent players in this industry, being banks and other financial institutions.
We are becoming an investment platform of choice as significant disruptions occur in the industry in which we operate. By that, in terms of disruption I mean the players are changing, technology is providing different advances in how investments are actually administered and what you can do with them, and how you can see and track what’s going on. Financial advisory forums and so forth in this country are changing the landscape as we speak.
We are one of the fastest growing wrap platforms in the country. For the first half of 2016 we had record net inflows of about $668 million onto our platform.....’